Wednesday, October 30, 2019

Comparison of the TV Bra for Living Sculpture and the Olympia Essay

Comparison of the TV Bra for Living Sculpture and the Olympia - Essay Example Comparison of the TV Bra for Living Sculpture and the Olympia Art will always remain part and parcel of life. It has been there since time immemorial and there are several household names that are known for various pieces of art. The Olympia and the TV Bra for Living Sculpture are such pieces of art that have brought some form of controversy in the subject matter that they have and will be the focus of discussion in this paper. The Olympia was done by Edouard Manet, a French painter in 1863. This painting caused such uproar when it was presented at the Salon in 1865 and the authorities at the Salon were forced to put it further up and put two armed guards to prevent the painting from being damaged by the public. The painting encompasses a reclining nude woman being tended to by a black maid while a black cat is on the far right of the bed where the woman is lying gazing rather mysteriously to the viewer of the painting. The TV Bra for Living Sculpture is a piece of work done by Nam June Paik in 1969 and is found in the Walk Art Center. It is made of video tubes, television, rheostat, Plexiglas boxes, vinyl straps, foot switches, cables and copper wire. All these were connected to resemble a bra, which is a pi ece of cloth used by women to hold their breasts in place. According to Salter, p.116, it is used to portray how electronics can be humanized since it entails the use of a TV as a bra; a bra is something that is considered intimate to the female human being, and it is so unlikely that a TV can be used as a bra. That being, the idea was to stimulate the fantasy of finding a new, imaginative and humanistic use of technology. Both artists, Edouard Manet and Nam June Paik are renowned artists. This is mostly due to the style of art that they engage in, for example, Manet was known for a series of paintings featuring naked women such as the Le Dejeuner sur I'Herbe. On the same scale, Nam June Paik did a number of electronically inspired arts throughout the 1960’s such as the TV chair, Opus paintings, TV cello and TV garden among others (Smithsonian American Art Museum, p.2). All these pieces of art encompassed electronics being portrayed in a unique way. While the Olympia is made of oil paint the TV bra for living sculpture is made of various electronic devices such as copper wires, cables, switches and a TV screen. These two pieces have different materials but this does not make them any less desirable. The Olympia measures 130.5 by 190 centimeters and Manet used strong brush strokes which many people considered to be unfashionable at that moment since it was the kind of painting that little children used to practice their painting skills (Courtesans, p.1). The painting has a great contrast between the dark part that is on the background and the lighting on the foreground. The lighting gives focus to the woman lying on the bed as opposed to the other components of the painting such as the maidservant that is serving the lady as well as the cat that is on the bed (Courtesans, p.1). This serves to give the painting a desirable effect in addition to contributing to the thematic concern of the paint. The composition of the Olympia is not very different from oth er pieces of its time. However, the only unique aspect of its composition is that Manet took what was a classical composition and put it in a contemporary setting that could be referred to everyone else (Wallace, p.1). This was achieved by the use of the woman of a common origin bringing a sense of immediacy to the painting. On the other hand, the composition of the TV bra for living sculpture is rather unique since it encompasses the use of modern

Sunday, October 27, 2019

The Social Determinants Of Childhood Obesity Health Essay

The Social Determinants Of Childhood Obesity Health Essay Childhood obesity is an international problem in the 21st century. In Hong Kong, it is easy for us to find the increasing trend of child obesity rate from the media. Why does the problem happen in Hong Kong? Are there any solutions to reduce the childhood obesity? In this paper, I will firstly to talk about the seriousness of childhood obesity in Hong Kong. Then, I will explore the childhood obesity from the social determinants. Then, I will talk about the solutions of this health problem by using health promotion strategies. The current situation of childhood obesity in Hong Kong Childhood obesity as an international health problem Childhood obesity is now becoming a worldwide problem nowadays. Obesity means a people who accumulates too much body fat and he or she will face on health problems in the future (Haslam James, 2005). According to World Health Organization (2012a), obesity is one of the serious health problems in the 21st century and now there are 170 million overweight children who are under 18 years old. Also, more than 40 million children in the world under the age of five were overweight in 2010 (World Health Organization, 2012b).In every year, there are at least 2.6 million people die because of overweight or obese (World health organization, 2012c). The negative effects from childhood obesity Childhood obesity causes different problems in childrens development and health. LeBow (1986) had come out three potential dangers of not treating the fat child, including persistent obesity, barriers in the life and potential health threats. He thinks that obese children are stigmatized from peers, parents and society in the childrens development. This will leads them to enter into vicious circle that they have low self-esteem and become fatter and fatter. Many obese children think that they will still obese and it continues after they grow (Peckham et al., 1985; Stunkard Burt, 1967). Yung (2009) has illustrated what diseases may lead by childhood obesity (See Figure 1). He also mentioned that if government fails to curb childhood obesity, there will be a lot of youngsters suffering from the diseases in the future. Figure 1: Classification of medical and psychosocial consequences of childhood obesity (Yung, 2009). The numbers and phenomenon of childhood obesity in Hong Kong In Hong Kong, there is an increasing trend on the overall childhood obesity rate. Appendix 1 shows the latest data on childhood obesity in Hong Kong. According to the [emailprotected] Campaign (2012a), the overall obesity rate increases from 16.4% to 20.9% in the past 15 years. The numbers also show out that boys are easily to become obese than girls with around 5-10% of disparity on the obesity in different gender. Besides the data from the government, more information reflects that the potential crisis on suffering from other diseases related to childhood obesity. A cross-sectional study from CUHK shows out that about 13% of boys and 11% of girls were obese in examining around 2 600 children aged 6-13 (Sung, 2007). It also mentioned that about 10% and 3% of the children were detected on having three or more and four or more of the six cardiovascular risk factors respectively, including high systolic blood pressure or diastolic blood pressure, high blood triglyceride, low blood high-density lipoprotein, high blood low-density lipoprotein, high blood glucose and high blood insulin (Sung, 2007). Also, patients are getting younger and younger to suffer from diabetes or cardiovascular diseases because of childhood obesity (Wan jiu xue tong, 2007). Therefore, childhood obesity has become a major health care issue in Hong Kong from the facts in both statistics and news reports. In the next part, I will talk about the social determinants of childhood obesity. The social determinants of the childhood obesity The framework of social determinants in analyzing the childhood obesity According to World Health Organization (2012d), social determinants of health include life, development and health system afforded by the distribution of power and resource. It also shows out the phenomenon as health inequity which affects peoples health status. World Health Organization Western Pacific South-East Asia (2008) had set up some index to evaluate the public health in Asia Pacific. In this time, I will borrow the framework to analysis childhood obesity in Hong Kong with adjusting the index and adding related factors (See Figure 2). The reason of adopting this framework is to show out how our social settings make childhood obesity instead of attributing to self-responsibility from individual. I also add the item main stakeholders because they are the main media to lead the things happening in society. Factors Main stakeholders Original meanings Adjusted meanings Income and poverty Family Overall economic situation Overall economic situation Economic status of the grassroots Lifestyle Family Eating habits Physical activities Eating habits Physical activities Personal growth Education School Literacy rate School setting Culture and knowledge Society Not including Traditions, views and knowledge of food Figure 2: The framework to analysis the childhood obesity in Hong Kong Family Family is one important sector in enforcing the childhood obesity because they have the most responsibility to take care their children. From our born to independence, it is not only fulfill childrens basic life but also learning the foundation of knowledge and skills. Therefore, they have an important responsibility in forming the childhood obesity. Income and poverty Economic status affects peoples health in their life. World Health Organization Western Pacific South-East Asia (2008) mentioned that poor people are hard to maintain their health because they lack of resource to access health service and take actions to prevent diseases. It also mentioned that Hong Kong is regarded as a high-income country from the World Bank in 2008. It also has a better medical system comparing to other developed countries. At the same time, there is a big disparity between the rich and the poor with high gini index around 53.3% (Central Intelligence Agency, 2007). So, the overall economic situation and economic status of the grassroots should be attended on analyzing the health problem in different class. Meals with more meat and less vegetables are common after the improvement of economy. Every Hong Kong people consume 150KG meats in 2011 which is more than the US (Gang ren shi rou, 2012). Many parents regard children should eat more meat in their meals because of their physical development. Some parents even do not limit the amount of meat to their children because they think they should provide the best to their children if they can. In hence, children may bring up an unbalance diet. Parents will become more difficult to improve children into correct diet. When the children eat too much meat unconsciously, it will cause child obesity if the children lacks of enough exercise at the same time. To the grassroots, fast-food is easily to lead childhood obesity. It is because poor children in Hong Kong usually follow their mothers, who are usually the new immigrants, to the fast food shops. According to Chan, Deave and Greenhalgh (2010), fast-food shops are good places for them to meet other parents and friends. They also think it is a more safety places than playgrounds. Additionally, Hong Kong style fast food is unhealthy. For example, 2 pieces of Western Toast (à ¨Ã‚ ¥Ã‚ ¿Ãƒ ¥Ã‚ ¤Ã… ¡Ãƒ ¥Ã‚ £Ã‚ «) have 356 kcal, 19g fat, 116mg cholesterol, 513mg sodium and 8g saturated fat (Xiao xue sheng san, 2004). It is easy for children to overtake nutrition and harmful substances as Trans fats. Except the grassroots, having too much fast food is also common for normal families. According to Chan, Deave and Greenhalgh (2010), long-hours culture is always happened on adults. To save time, some parents may buy fast-food or pre-prepared food as dinner to their children. Some children may provide holding meal in the evening and it always leads them not to eat dinner very late at night. Children eat too much fast food chronically and it will easily to become child obesity. Lifestyle Lifestyle is the way a person lives. From the World Health Organization Western Pacific South-East Asia (2008), diet and physical activity are the ways to promote and maintain good health in a country. Obesity means the unbalance state in high diet and low physical activities. Family should make sure their children to have enough nutrition but not overdose. Unhealthy meals are one of the main factors to cause childhood obesity. Except having fast food or meals with more meat and less vegetables, another source of unhealthy meal is from bad cooking habits both from Chinese and Western. One of the examples is that Chinese prefer to use more oil and animal fat to cook the meal so the children have higher Cholesterol levels than foreign children (Fu mu tai qian, 1999). Another example is that Western meals may have high calories but low fiber as Baked Pork Chop with Rice containing over 1,200 calories (Yuan li zhu pai fan, 2003). If parents do not count nutrition intake, children will eat too much and it will become obese very easily. Another factor for childhood obesity is lacking exercise. Doing exercise is a way to consume extra nutrition and maintain personal health. According to the Community Sports Committee of the Sports Commission (2012), about 80% tested children thinks that they have enough exercise but only 9% fulfill the US standard of physical fitness. Lacking exercise of Hong Kong children has lasted over 10 years. There are few reasons to explain the phenomenon. The first reason is the school setting and I will explain later. The two one is the sense from parents. If parents are active in doing exercise, their children will also have more sense to do the exercise. Unfortunately, there are around 35% of parents with no participation in sports and more than 60% of families cannot arrange family sports time during each weekend (Community Sports Committee of the Sports Commission, 2012). The third one is the children spend too much time on different electronic screen. According to the Community Sports Committee of the Sports Commission (2012), about 40% of Hong Kong children aged 7-12 spend more than 5 hours on sedentary activities like studying and recreation. If children spend more time on the screen, they will have less time to do the exercise. School Schools are another important stakeholder in solving the childhood obesity. It is because children spend 1/3 of the whole day in schools for learning. If a school can convey enough health information through lessons and activities to the students, they can sustain their health on their lifetime and produce less health problems when they grow up. Education Public concerns on education are largely on formal education issues in a school setting. World Health Organization Western Pacific South-East Asia. (2008) evaluates the public health in different countries by assessing the literacy rate and enrollment rate. In Hong Kong, compulsory education is provided to the children for leading high literacy rate and enrollment rate, which are 94% and 74% respectively (World Health Organization Western Pacific South-East Asia, 2008). So, it seems the childhood obesity may not relate to insufficient knowledge. According to the Community Sports Committee of the Sports Commission (2012), the tested children reflect that too much school work is the barriers for doing exercise. Therefore, school setting may be a good way to observe childhood obesity. Unhealthy food provided by the tuck shops and lunch supplies lead childhood obesity. Although Education Bureau and Department of Health create different guidelines to encourage schools for providing healthy food, there are still a lot of schools providing unhealthy food through tuck shops and meals. According to Chen (2008), 90% of primary schools still sell unhealthy snacks in their tuck shops. Maintaining revenue and student tastes are the reasons for the tuck shops continuing to provide unhealthy food. Also, guidelines cannot limit the schools to provide unhealthy food. Over 40% of primary schools still provide unqualified meals without enough vegetables and fruits (Si cheng xiao xue, 2009). 80% of kindergartens provide unqualified meals with over intake of fat, salt and health food products (Du Cai, 2011). If children eat too much unhealthy food without enough exercise, it is not difficult for them to become obese. Indifference on Physical Education and play areas is another reason to lead childhood obesity. Normally, students in primary schools have 2-3 Physical Education lessons with 35 minutes per lesson in each week. Only 22 minutes are doing exercise and even 4 minutes for moderate to vigorous exercise can be done in each Physical Education lesson (Chen, 2006). For kindergarten students, there are only 20 minutes for physical activities (Chan, Deave and Greenhalgh, 2010). Many schools also do not allow students to run during the recess because of not enough space and safety to everyone. It is a backward concept criticized by Dr. Patrick Lau who is a professor of the Department of Physical Education at Hong Kong Baptist University (Jia Xiao jin pao, 2005). Students can only conduct static activities which leads them have no chances to do the exercises. This will let students cannot release the extra nutrition which will cause obesity. Over-emphasizing on academic subjects is also the problem for childhood obesity. Starting from Primary 4, students are forced to put more efforts on academic subjects because of a good path for a better secondary school and university. Sometimes, Physical Education lessons are sacrificed for academic subject lessons or classroom guidance. Also, tutorial classes after school is very common in Hong Kong.. Whether primary school or secondary school students, they will always spend some time after school to attend those lessons. This will reduce the students chance to do enough exercise to prevent child obesity in their leisure time. Society Society is the third stakeholder in solving the childhood obesity. It is because society has a force to integrate and coordinate different people and organizations for solving the problem. Also, it has the most influence on promoting healthy lifestyle. Culture and knowledge Culture is the values, beliefs, behavior and material objects that together form a peoples way of life (Macionis, 2006). Knowledge is someone who familiarizes somebody or something on facts, information, descriptions, or skills from experience or education. Culture and knowledge are directly affecting peoples mind and behavior. Some Chinese tradition proverbs do not encourage children to do the exercise in their daily life. One is called Fat equals to blessing (à ¨Ã¢â‚¬Å¡Ã‚ ¥Ãƒ ¦Ã‹Å" ¯Ãƒ §Ã‚ ¦Ã‚ Ãƒ ¦Ã‚ °Ã‚ £). It means if a person is fatter, it also equals to a stable life. This is more popular to old generation because they have lower education level comparing to the young couples. Another one is called diligent makes contribution and games are no use (à ¥Ã¢â‚¬ ¹Ã‚ ¤Ãƒ ¦Ã…“†°Ãƒ ¥Ã…  Ã… ¸Ã‚ ¼Ã…’à ¦Ã‹â€ Ã‚ ²Ãƒ §Ã¢â‚¬Å¾Ã‚ ¡Ãƒ §Ã¢â‚¬ ºÃ…  ). These concepts are widely in our society so that exercise is not preferred. For example, some grandparents may think that English is important than games because of low walkability and limited opportunities (Chan, Deave and Greenhalgh, 2010). Fast food culture is also common in Hong Kong. It is not difficult for us to find a fast food shop in urban areas. They always promote their food or promotion on different media as TV or websites. The culture is very fit in Hong Kong because fast food strengths on efficiency which matches long working hours. On the other side, children loves to eat fast food too because it fits their taste. The information of nutrition is not very clear to Hong Kong people. Although Hong Kong has nutrition labels since 2010, there are still around 40% people not or seldom attending the labels (Janice, Mingo Sharon, 2011). Public are always late to know some of the products which is not as health as they imagine. According to Huang and Xin (2006), the content of sugar, salt and fat are over the normal standard in many corn chips. Because of the social determinants in childhood obesity, the obesity rate for overall primary school students raises from around 16 % to around 21% in the past 10 decade. In the next part, I will introduce the health promotion strategies to reduce the problems of child obesity. The health promotion strategies to tackle the childhood obesity Health promotion means a process to lead people for improving their health with increasing the sense and applying the behavior. The responsibility of health promotion is not only at the health sector, but also to reach healthy lifestyles (World Health Organization, 1986). To solve the childhood obesity, I regard five approaches to health promotion by Naidoo and Wills (2000) and social marketing should be used to solve childhood obesity in Hong Kong. It is because it can easily to assess what strategies Hong Kong has done and anything should be improved during the promotion. In the next part, I will talk about what stakeholders would be needed to conduct the health promotion. Then I will focus on the five approaches with related measures to solve the problem, introducing current measures and new measures. Stakeholders for health promotion In the social promotion, there will be two stakeholders to conduct the health promotion. One is the government and another one is the Non-Government Organizations. Government Government is very important in the health promotion. It will have different cooperation between hospitals, clinics, District Council, sport facilities, schools and families. Non-Government Organizations. Non-Government Organizations are always the forerunner to sense the problems in society. They are also strength on the flexibility when they promote in small organizations. It is because there are so many plans conducting to reduce childhood obesity, I can only use some famous examples to talk about how the strategies apply in our daily life. First, figure 3 shows the effects of the six approaches to health promotion in child obese. The medical approach Prevention and treatment Behavior change Encouraging somebody to adopt health behaviors The educational approach Providing knowledge and skills for personal choice in applying health behavior Empowerment Powering up somebody to concern and help in the issue Social change Creating choices with suitable cost, availability or accessibility Social marketing and media Increasing public awareness on particular concepts or behavior and stimulate publics mind for the response Figure 3: The effects of the six approaches to health promotion in child obese Source: Naidoo and Wills (2000) Promotions from government Medical system in stopping childhood obesity This system will focus on the prevention and treatment of childhood obesity in the media way. This is using the medical approach because of prevention and treatment in childhood obesity. Nowadays, Hong Kong had created the family health service and student health service for the children to check their health status from their born to 18 years old. It also connects with Specialist for the referral to treat the obese children. Maternal and Child Health Centres and Student Health Service Centre are distributed in different areas for children to do body check. Different Student Health Service Centre has the connection with hospitals in the same network. For example, the centre in South Kwai Chung can refer the children to Pediatrics and Adolescent Medicine at Princess Margaret Hospital. The government can use the centres for scanning out the obese children from the checking on BMI, blood pressure and urine. Overweight or obese children will refer to assessment centres or Pediatrics and Adolescent Medicine in hospitals. They will do more body checking as exsanguinate to confirm their body status and give suitable treatment to them as Nutritionist for health meal suggestions. This approach is to find out the obese children and reduce the deterioration of them. Social marketing Social marketing and media is common used by local government. The promotion is using a simple and clear way to focus on single concept or behavior, The usage is to raise public awareness on particular concepts or behavior and stimulate publics mind for the response. For example, the government had promoted the concept of Two Plus three Every Day through the TV advertisements. The aim of this advertisement is to explain the importance of enough amounts of vegetables and fruits in daily life. It also presents the examples on how do we count on eating enough vegetables and fruits. Campaign cooperating with schools [emailprotected] is one of the campaigns to promote healthy lifestyle in eating. It uses educational approaches to do the promotion because the plan provides teaching materials for school to spread the knowledge to parents and students for choosing health meals in daily life. Except teaching, the scheme wants schools to provide more healthy food to the students by giving them some guidelines. For example, there are over 20 documents to help schools for choosing suitable food supplies for tuck shop and lunch ([emailprotected] Campaign, 2012b). Through this approach, government prefers schools and students can choose the more healthy meals by themselves. Promotions from Non-government Organizations Smart Kids Fitness project This project was created by Centre for Health Education and Health Promotion from the Chinese University of Hong Kong. There is cooperation between the professionals, schools and parents. This plan includes teacher training and support, needs assessment and progress monitoring, parent training and supports, tailor-made weight-management plan for individual students, 12-week weight management intervention programme and school-based health promotion programme (Centre for Health Education and Health Promotion, 2008). Figure 4 shows the concepts of the project. Figure 4: A Health Promoting Schools Approach in Addressing the Problem of Childhood Obesity (Source: Centre for Health Education and Health Promotion, 2008) It contains different approaches for its promotion. Firstly, Education approach is used to teachers, parents and students with related knowledge. The project strengths at using behavioral approach and empowerment approach. Through the tailor-made weight-management plan and 12-week weight management intervention programme, students had created the sense to supervise their own health and try to improve their health with changing their habits with their parents. This can also power up their confidence to manage their health. Last but not least, the organization thinks that it is success because they can create sustainability on the participators (Centre for Health Education and Health Promotion, 2008). Recommendations for reducing childhood obesity To me, different strategies applied by the government and non-government organizations are needed in reducing childhood obesity. From my observation, I regard many strategies focus on creating health lifestyle but little on food choices and easy exercise which can do it everything. So I will suggest two directions for increasing the approach of behavior change and social change. Firstly, the government can cooperate to Green Monday, which is a non-government organization for promoting vegetarian food on each Monday for health and environment. For example, Cafe De Coral is one of the restaurants to join Green Monday. It will provide 2 dishes of vegetarian food on the Green Monday. The government can encourage food suppliers to join by adding the conditions in the tenders of tuck shop and lunch suppliers. Specific details need to be discussed but I may suggest some conditions to explain the idea. For example, tuck shops and lunch suppliers need to provide at least 50% of healthy food and drinks on Green Monday. If the bidders can meet the conditions, he or she will have the advantages in bidding the contracts or having subsides in operating the business. The reasons of promoting the day are to respond some of the tuck shops or lunch suppliers still providing too much unhealthy food to the students for many years and create a sense to students that they can cho ose for eating healthier meals. Secondly, the government can promote easy exercises for urban people. One of the social determinants is parents and children have no sense to do the exercise. Climbing stairs activities and fitness walking are two examples for the promotion. Both exercise are easy to learn and do it in the surrounding areas as park or blocks. They are also suitable to whole family members. These exercises may increase the incentives to people for doing exercise. Conclusion To conclude, Hong Kong is an international city who also has childhood obesity as other countries in the 21st century. Everyone knows that obesity is harmful to adults and child but it is different to change personal lifestyle because society contains different elements which are not benefit to our health. Although our government and non-government organizations try their best to change the situation, there are still a lot of children who are living in unhealthy life. But I think we should have confidence to face on the childhood obesity because social atmosphere of healthy lifestyle will be informed gradually if we insist for healthy lifestyle.

Friday, October 25, 2019

Hitler Took Advantage of Peoples Low Self Esteem :: Exploratory Essays Research Papers

Hitler Took Advantage of People's Low Self Esteem After World War I Germany fell to an all time low, economically and politically. The German people were unemployed, the government was broke and there was a feeling of helplessness all around. Hitler took advantage of the German people's low self esteem and saw it as a way he could use this feeling of hopelessness to better himself. Inflation played a huge role in Germany's problems. Germany had incurred an enormous debt from World War I. The government was under a great deal of pressure to repay the debt and thought they could solve their dilemma by printing more money. Too much of the international economy rested on the unproductive passing of paper from the United States to Germany as loans, from Germany to the Allies as reparations, and from the Allies to the United States as payment of war debts; and the United States raised tariffs in 1922 and again in 1930 to levels that made it nearly impossible for Europeans to earn dollars by selling to Americans. People from all classes were hungry, homeless and unemployed. Germany's welfare system could not handle all of the people needing help. The few soup kitchens available had long lines with no hope of feeding everyone in need. People were sleeping on sidewalks, in alleys or anywhere were they could find warmth. A German writer who experienced these conditions himself describes a day in 1932 after he was allowed a nights stay at the Berlin municipal lodging house...Now the men are standing in a long row, dressed in their plain nightshirts that reach to the ground, and the noise of their shuffling feet is like the noise of big wild animals walking up and down the stone floor of their cages before feeding time. The men lean far over the kettle so that the warm steam from the food envelops them and they hold out their bowls as if begging and whisper to the attendant, "Give me a real helping. Give me a little more." Hitler saw a way to take advantage of the countries depression and the people's feeling of hopelessness. He knew that the people of Germany were looking for any change to escape from their current way of life.

Thursday, October 24, 2019

Who benefits from take over resistance tactics

Who benefits from take over resistance tactics? According to the finance literature, a takeover is a process whereby a firm acquires another firm, resulting in a change of the controlling interest of the acquired firm. Takeovers can occur through acquisitions, proxy contests and going-private transactions. They can be friendly when the management of the target firm is receptive to the bidder offer or they can be hostile when target firm managers resist takeover attempts by using defensive tactics. According to Ross et al (2010), takeovers can result in change of firm policies, layoffs, terminations, or overhaul of business operations.To analyze who benefits from a takeover resistance tactic, we should first examine the reasons or motivations of the defensive tactic by target firm managers. According to Ruback (1987), managers resist takeovers for the following reasons: Managers believe that firm has hidden values, this is due to the private information they have about the firms futur e prospects that is not available to the public and when managers assess the takeover bid by comparing the offer price with what they believe is the fair value of the firm (incorporating the private information) and the offer price turns out to be less, managers will oppose the offer.Managers believe the resistance will increase offer price, therefore, their attempt to resist slows the bid and create opportunity to an increase of the tender offer as the bidder after an initial unsuccessful friend offer, tries to buy through a tender offer and if not successful, try the auction for the firm. According to Ruback (1983) cited in Ruback (1987), the final offer price exceeded the initial offer price by 23% in 48 competitive tender offers between 1962-81.Managers may want to preserve their Jobs and positions, especially when they are ware that the bidder intends to replace the target firm's management. Target firm managers use a variety of defensive tactics to avoid takeovers, from alteri ng the terms of directors where managers amend charters of the firm to make takeovers more difficult; golden parachutes related to severance packages payable to managers in the event of takeover, increasing the cost of acquisition; poison pills provision that are deterrent to the acquirer diluting for example the acquirers share in the firm.Other tactics after the company in in play include greenmail and standstill agreement, white knight and white squire, recapitalization and repurchases where managers issue debt to repurchase shares aising the market share price, making it less attractive to the bidder; exclusionary self-tenders and asset restructuring. These tactics are built by management for self- protection reasons, being severe, (blocking takeovers) or soft tactics with no substantial impact on the offer price.However, empirical evidence shows that although manager's defensive tactics may sometime rarely shareholders by increasing wealth, in general, these tactics do not have a positive impact in the share price of the target firm. According to DeAnglelo and Rice (1983) cited in Ruback (1987. p56-57), they found no evidence of share price reaction to adoption of orporate charters amendment when analyzing 53 firms using staggered boards as well as the ettect ot super majority provision. Ho ( 6) cited in Ruback 7), tound no evidence of existence of abnormal return for a sample of 23 poison pills.This conclusion is also consistent with findings of Kidder, Peabody and Company for a sample of 167 poison pills where no stock price change was observed. Evidence by Dann and DeAngelo (1983) proves that there is a negative stock price reaction with the use of standstill agreements by -4% whereas, greenmails, cause a negative stock reaction of -3%. Dann and DeAngelo (1986) cited in Ruback (1987), analyzed 20 transactions where they found that acquisitions and divestitures, reduce by 2% the share price of the target firm. In general, empirical evidence supports the idea that manager's defensive tactics are harmful to the target firm value.For example, Bates et al (2012) reported that Microsoft Corporation offered USD 47 billion to Yahoo in 2008, a premium above 60% however; this offer was rejected by Yahoo executives. Following Microsoft's withdrawal of the acquisition bid, Yahoo's shares dropped by 1 5%; the CEO of Yahoo was later replaced for this costly and selfish behavior. According to Bradley et al (1988) cited in Devos (2009), companies merge to benefit from synergies. For a sample of 236 successful tender offers from 1963-1884, they noted that the equity value for the combined firms increased by 7,4% in average.Synergy is when the combined firm value exceeds the value of the acquirer and acquired firm before the acquisition. Therefore, synergy is attached to the incremental cash flows, coming from revenue enhancement, cost reduction, tax gains and reduced capital requirements. According to Brealey (2003), acquisitions can happen in th ree basic forms, merger or consolidation, acquisition of stock and cquisition of assets. The merger is the incorporation of assets and liabilities of one firm by another and the acquirer maintains its name whereas the acquired firm ceases to exist.The main advantage of this method over others rely on the minimum costs incurred on mergers as they do not require the transfer of title deed of individual assets of the acquired firm to the acquiring firm which is costly provided that the merger is approved. In addition, in the transfer of assets form according to Ross et al (2010), minority shareholders often cause problems to the majority shareholders. The acquisition of stock as we saw above, can be costly to the bidder because of the defensive tactics used by the target firm managers as an attempt to avoid the takeover.Therefore, the outcome aimed by the acquiring firm may not be achieved as the tender price may be pushed us, above the real market value of the acquired firm.

Wednesday, October 23, 2019

National Security vs Individaul Privacy Essay

1. Your document’s heading is not formatted correctly. In the upper left corner of the first page, the words â€Å"Running head:† should preface a shortened version of your title. The upper right corner of the page should have the numerical page number. The shortened version of your title should be in all capital letters. On subsequent pages, the shortened version of your title should appear on the lefthand side, with a page number on the right-hand side. For additional information, visit the Ashford Writing Center located in Constellation. Click on Ch 7 -Sample Paper with Formatting Instructions. [Nicole Moore] 2. Instructor: Leon, You should be using a 12 pt. font, and double spacing your work. [Nicole Moore] Throughout history, there have been breeches to the security of this nation which caused an increase in awareness. Rights and civil liberties of the public have been cut, and in many instances revoked completely. Individual privacy is 2 1. Throughout Leon, You are not using the correct font. You need to be using  Times New Roman 12 pt. Please adjust for your final paper. Remember to use Times New Roman 12 point font per 6th edition APA guidelines. [Nicole Moore] 2. in awareness. an awareness of what? Make sure you are clear. [Nicole Moore] 3. Block quotations of more than 40 words should be double spaced per APA 6th edition guidelines. Each line should be indented 1/2 inch. Quotation marks should not be included, and the citation should be placed at the end of the quote following the punctuation. [Nicole Moore] 4. Since the attack on the World Trade†¦ Leon, please try reading this sentence out loud – what are you trying to say? I think you might be missing some words. How might you rework? [Nicole Moore] 5. In response, law enforcement agencies†¦ Are the agencies requesting them now, or have they been requesting them since 2001? You might want to use the past tense†¦ or say, â€Å"..agencies have been requesting†¦Ã¢â‚¬  [Nicole Moore]  important and if you take it away from the public, they will then feel an increase of intrusion and loss of privacy. â€Å"All human rights are indivisible, interdependent, and interrelated: the improvement of one right facilitates advancement of the others; the deprivation of one right adversely affects others. Freedom of expression and privacy are explicit parts of this international framework of human rights and are enabling rights that facilitate the meaningful realization of other human rights.† (Dunstan, 2011) Since the attack on the World Trade Center, U.S. soil have resulted in the tragic loss of thousands of innocent human lives. In response, law enforcement agencies are requesting broader and more pervasive laws to counter this security challenge. As technology has grown in leaps and bounds over the last three decades, it has also brought with it new challenges to protecting people’s privacy and curbing privacy violations. Determining the proper balance between citizens’ right, civil liberties, and concerns for security is a particularly vexing difficulty for the democratic societies. It has long been understood that civil liberties are neither absolute nor unequivocal and that there is normally tension between the carrier for democratic values and the desire to live in safety and security. â€Å"Citizens’ rights frequently collide with the 1. â€Å"Citizens’ rights frequently collide†¦ Great quote for right here. Double check the APA formatting guidelines – you want to put the period on the outside of the (). â€Å"†¦citizens† (Davis, 2008). [Nicole Moore]  rights of others and with governments’ ability to provide for the safety of its citizens.† (Davis, D. W. 2008) 1 National Security plays a part in every aspect of the world. What national security does is maintain the survival of  the state through the use of economic, diplomacy, power projection, and political power. Protections give a nation what it needs to posses economic security, energy security, and environmental security. The national valuables in this broad sense include current assets and national interests, as well as the sources of strength upon which our future as a nation depends. A former NSA director, Gen. Michael Hayden, now director of the Central Intelligence Agency, has said the NSA often gets FISA warrants for wiretaps. He knew that Bush was using this tool to gather information. Bush had the NSA employees also listen in on conversations without such warrants if they suspect links to terror groups, he said. â€Å"In its suit, the ACLU also contends that the NSA surveillance program violates First Amendment protections of freedom of speech and assembly by intruding into the private conversations and e-mail exchanges of individuals and organizations.† Deans, (2006) â€Å"Weeks after the September 11 attacks, Bush issued a top-secret order authorizing the National Security Agency to use its high-tech eavesdropping tools to listen in on phone calls and read electronic mail coming into the United States. The Fourth Amendment of the constitution prohibits â€Å"unreasonable searches and seizures† without judicial warrant affirming there is â€Å"probable cause† for suspecting criminal activity.† Deans, (2006) Despite the labors of the Bush administration to bypass the FISC system, FISA courts still exist and the number of warrant request coming before them has increased significantly in recent years. The use of FISA and its courts does protect the government from accusation that it violates the Fourth Amendment rights U. S. persons. Since the disclosure of the warrantless searches, President Bush has instructed the various intelligence organizations that the FISC system be used for all intelligence-gathering activities. The debate over FISA and its court is ongoing, with many critics believing that both the law 2. Is this another long quote? If so, you might consider the amount of quotes you are using, and rely more on your own writing and statements. Use the research to support your analysis, not fill up your paper. It generally requires the government to seek warrants before monitoring Americans’ communications. The  controversy over the FISC Court has intensified. The Bush administrations make it view known that the onerous requirements of FISA stood in the way of intelligence gathering. In a secret court proceeding before the FISA Appeals Court on September 9, 2002, with only government lawyers present, the Bush administration presented its case that the FISC had hindered the flow of information and had obstructed the president’s authority to conduct warrantless searches to obtain foreign intelligence information. â€Å"Less than an hour after President Bush signed the 2008 amendment, the ACLU filed a law suit challenging the law’s constitutionality. Because the 2008 amendment is scheduled to sunset in December, the ACLU is also calling on Congress to Fix FISA by prohibiting dragnet surveillance activities, and strengthening safeguards for privacy.† American Civil Liberties Union, (2012) Bush’s main goal was to gather as much information coming into the United States, but forgot about the fact that he would invade peoples’ privacy. It seem like everything was moving fast and no thought was put in it from the government. Our civil rights is right for us the citizens of this country to have privacy, the right of peaceful protest, the right to a fair trial, the right to personal freedom and the right of equal protection. However, when you take our freedom away for expressing ourselves, you violate our civil rights. This Act allowed him to violate the Fourth Amendment of the Constitution which further blurred the lines between national security and individual privacy. It is precisely the reason why we’re so skeptical about the implementation of national security over our civil rights. They 1. but forgot about the fact that†¦ I really take issue with the word â€Å"forgot† — I feel that you will be much better served, and have a stronger  paper, if you find a different word disregarded, ignored, etc†¦ [Nicole Moore] 2. Our civil rights is right for us the Our civil rights give the citizens of this country the right to†¦. [Nicole Moore] 3. why we’re who is â€Å"we’re†? do you mean some U.S. citizens? Be clear about your references. [Nicole Moore] forget about the little people that make up this country. One must understand that the problem that is in conflict with our civil rights here, relates more to internal security than it does to external. National security is important to the safety of this country but it should never intrude an individual privacy. The national valuables in this broad sense include current assets and national interests as well as the sources of strength upon which our future as nation depends on it. 4 4. National security is important†¦ This, Leon, should be your specific claim, and it should be in the beginning of your paper, not on page 6. [Nicole Moore] -6- Reference ACLU, (2012) American Civil Liberties Union’s Retrieve from http://www.aclu.org/national-security/fix-fisa-endwirelesstapping Atkins, S. E., (2008) Foreign Intelligence Surveillance Act of 1978. ABC CLIO, Retrieved from http://www.credoreference.com/abcne/foreign_intelligence_su rveillance_act_of_1978 Davis, D. W., (2008) Civil Liberties and Security Retrieved from http://www.credoreference.com/entry/peace/civil_liberties_a nd_security Deans, B., (2006) Domestic Wiretaps: Rights Suit Centers on U.S. security vs. privacy of citizens. The Atlanta Journal, Retrieved from http://searc.proquest.com/docview/337265486 Dictionary.com Unabridged. Retrieved December 10, 2012, from Dictionary.com website: http://dictionary.reference.com/browse/privacy Dunstan, A.H., (2011) Protecting Human Rights in the Digital Age.BSR Retrieved from http://www.bsr.org